What you should have bought was Apple in the early 2000's when it was more or less $8/share for years. Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.

SuperNinjaToad:As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.

Their sales numbers are still sh*t. They'll just get worse now that they are matching Amazon and all online retailers.

dletter:What you should have bought was Apple in the early 2000's when it was more or less $8/share for years. Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

Really. As a charter member of AOL (pre-windows) I had a shot at their IPO somewhere around $10 a share. Couldn't figure out why anyone would care about software that let's you share files and information. Doh

This reminds me, anyone know of a stock trading company that won't charge me for sitting on my stocks? Just got an email from Choicetrade saying they are going to start charging $15 a quarter if you do less than 5 trades... Fark them.

Super Chronic:BlueFalconPunch: "Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.

Without checking the numbers, I'll bet that if you use actual prices and not "about" $600 and "about" $900, the math is right.

Also, it's "you're".

It's at 909 now (plus change). Depending on the exact date they were looking at, it was anwhere from 580 to 615. (Or about 48 to 57 percent.)

Yes it's anal of me to point it out, but I do also work in a field where that kind of precision and accuracy make a difference more often than not.

dletter:What you should have bought was Apple in the early 2000's when it was more or less $8/share for years. Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

I bought in before the first Bondi Blue iMac, but it's IRA money so there's that.

Day_Old_Dutchie:dletter: What you should have bought was Apple in the early 2000's when it was more or less $8/share for years. Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

Oukewldave - I know little about stocks, but I use scottrade. It's $7 a transaction. I don't think there is an account minimum or required activity, but don't quote me on that. The only bad thing I've found is they don't have automatic reinvestment of dividends. Let me know of you're interested, I think there is a referral and referee bonus, like 90 days of free trades. Eip

BlueFalconPunch:Super Chronic: BlueFalconPunch: "Last year at this time, Google's stock was trading at about $600 per share. As of the close of trading on Friday, Google shares were trading at around $900 per share, a 45% increase."

Math fail. Thats a 50% increase your quoting, not 45%.

Without checking the numbers, I'll bet that if you use actual prices and not "about" $600 and "about" $900, the math is right.

Also, it's "you're".

It's at 909 now (plus change). Depending on the exact date they were looking at, it was anwhere from 580 to 615. (Or about 48 to 57 percent.)

Yes it's anal of me to point it out, but I do also work in a field where that kind of precision and accuracy make a difference more often than not.

/Was careful to spell "it's" correctly after the you're comment.

It immediately jumped out and annoyed me also, and made me consider the author to be a mouth breather that can't do grade school arithmetic.

If you are going to put 600 and 900 in the article, then you say 50% increase.

NewportBarGuy:SuperNinjaToad: As the population becomes more tech dependant BUT not necessarily tech 'savvier' businesses like BB will continue to flourish and grow.For every kid who becomes a geek there are 9 who while owning multiple electronic gears actually knows shiat about fixing them.

Their sales numbers are still sh*t. They'll just get worse now that they are matching Amazon and all online retailers.

Much of their revenue stream comes in from 'soft' sales i.e Geeksquad type services or extended warranties. Should've prequalify that in my earlier post.

dletter:What you should have bought was Apple in the early 2000's when it was more or less $8/share for years. Even now down to $433 from its high at just over $700, you'd have made 54x your investment in less than 10 years.

I share my birthdate with Apple (same year and all). If there was some way to go back in time and invest in them that day, I can only imagine which island my family could own by now....

oukewldave:This reminds me, anyone know of a stock trading company that won't charge me for sitting on my stocks? Just got an email from Choicetrade saying they are going to start charging $15 a quarter if you do less than 5 trades... Fark them.

Try a discount brokerage like Fidelity or Schwab. You'll pay a few dollars more per trade, but there are generally no maintenance fees.

LrdPhoenix:Let's also not forget that it's not just AOL anymore, it's AOL/Time Warner.

Well, there's this.

I wish I'd been able to buy Yahoo when it went public. I was a SEO marketer before such a term was invented in 1995-6, watching day by day as the number of businesses listed on Yahoo went from four digits, to five, to six to... well, I knew it was going to be a cheap offering because back then people were still predicting the "Internets" would just be a "fad". But I didn't have five dollars back then, much less $5000 to make the purchase worthwhile.

ParagonComplex:I'm still surprised at people ever thinking Facebook stock would do well to begin with. You don't invest in fads, and like it or not, social media is more of a fad than an advent.

Well, the idea that everybody thought that Facebook shares were going to soar, and that it was a complete shock when they crashed instead, is purely the myth of the Wall Street commentariat. I spend a fair amount of time online hanging around sites for stock traders. Everybody that I spoke to in the lead up to the IPO were howling with laughter at the initial market cap valuation...it was simply common wisdom that the shares were going to dive, and hard, pretty much from the get-go.